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Primeo Fund v HSBC: Cayman Islands: In an important judgment delivered on 13 June 2019, the Cayman Islands Court of Appeal (Beatson, Birt and Field JJA) dismissed the appeal brought by Primeo Fund (in Official Liquidation), a Madoff feeder fund, against the Grand Court judgment (Jones J) which had dismissed Primeo’s US$2 billion claim.
